The story of this market
The typical home in ZIP 04005 sells for about $514,000, or $315 per square foot.
Prices are roughly flat from a year ago (-1%), a market in balance. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,291 a month.
ZIP 04005 — Biddeford
The Biddeford housing market is currently characterized by a stabilization in prices after a period of rapid growth, with a median sale price of $514,000. While inventory remains relatively tight, the elevated vacancy rate and slower price movement suggest a more balanced market for buyers compared to previous years. The ongoing revitalization of the downtown mill district continues to support long-term economic interest in the area.
This area fits a mix of commuters seeking more affordable coastal living than Portland, and investors targeting the ongoing revitalization of the historic mill district.
Median prices moved down 1.0% year over year.
Homes spend a median of 43 days on market with 3.6 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 14.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 04005, York County, Maine
Biddeford generally experiences crime rates consistent with regional averages for mid-sized Maine coastal cities, with property crime being the primary concern.
Public schools in the area are managed by the Biddeford School Department, generally receiving moderate performance ratings in state assessments.
The area faces moderate risk from coastal storm surges and winter weather events, with flood insurance requirements applicable to specific low-lying zones near the Saco River and coastline.
Economic momentum is driven by the revitalization of the historic mill district, which has attracted new commercial tenants, residential lofts, and hospitality businesses.
Property taxes are assessed at the municipal level by the City of Biddeford based on local mill rates, with exemptions available for homesteads and veterans.
Residents primarily commute via I-95 or U.S. Route 1 toward Portland, with average commute times reflecting a regional reliance on personal vehicles.
The area features access to Biddeford Pool, local beaches, and the Eastern Trail for cycling and walking, alongside a growing downtown dining and shopping scene.
The rental market shows elevated vacancy rates around 8.7%, suggesting a cooling trend in demand compared to the post-pandemic peak.
The economy is anchored by healthcare, education, and a growing hospitality and professional services sector centered in the revitalized mill district.
The area is served by I-95 and the Downeaster rail service, providing connectivity to Portland and Boston.
Development is focused on high-density residential projects within the urban core and infrastructure improvements to support downtown growth.
The York County assessment regime relies on municipal-level appraisals conducted periodically to ensure tax equity.
Parcels are subject to municipal taxes and specific school district levies managed by the Biddeford School Department.
Property insurance premiums are influenced by coastal hazard exposure and the age of the housing stock in the historic districts.
Maine has seen a net positive domestic migration trend, particularly from the Northeast corridor, though growth has moderated recently.
Maine is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement covering known defects, including lead paint and water supply issues.
Data retrieved from US Census Bureau ACS and DHC tables for ZCTA 04005.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Funtown Splashtown USA4.54.6 mi
- Urban Air Trampoline and Adventure Park3.813.3 mi
- Palace Playland4.26.5 mi
- Spare Time Portland4.517.6 mi
- Round1 Bowling & Arcade - South Portland4.113 mi
- Luke's Lobster Portland Pier4.617.1 mi
- Thompson's Point4.515.4 mi
- Children's Museum & Theatre of Maine4.515.4 mi
- Cross Insurance Arena4.216.8 mi
- Hadlock Field4.716.1 mi
- Funtown Splashtown USA4.54.6 mi
- Apple Cinemas Saco and IMAX4.34.7 mi
- Rachel Carson National Wildlife Refuge4.79.3 mi
- Old Orchard Pier4.56.6 mi
- Palace Playland4.26.5 mi
- Portland Head Light4.817.4 mi
- Fort Williams Park4.817.2 mi
- Portland Museum of Art4.616.6 mi
- Children's Museum & Theatre of Maine4.515.4 mi
- Spring Point Ledge Lighthouse4.817.9 mi
- Funtown Splashtown USA4.54.6 mi
- Rachel Carson National Wildlife Refuge4.79.3 mi
- Ferry Beach State Park4.75.5 mi
- Scarborough Beach4.510.2 mi
- East Point Audubon Sanctuary4.88.6 mi
- Arundel Wharf - Seafood - Cocktail Bar - Craft Beer4.38.8 mi
- Fore Points Marina4.517.7 mi
- Spring Point Marina4.717.5 mi
- DiMillo's Marina4.417.1 mi
- Dunegrass Golf Club4.25.9 mi
- Willowdale Golf Club4.39.9 mi
- Dutch Elm Golf Course4.22.7 mi
- Merriland Farm4.810.2 mi
- Salmon Falls Resort Golf Course4.58.8 mi
- Marshalls & HomeGoods4.312.3 mi
- Shaw's42.7 mi
- Sierra4.412.8 mi
- Nordstrom Rack412.9 mi
- Sea Salt Lobster4.34 mi
- Portland International Jetport4.414.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A scenic tidal pool and harbor area popular for recreation.
A multi-use trail system connecting local communities.
Historic district featuring renovated mills with restaurants and retail.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.